Fuel Subsidy To Gulp Over $4.5bn As Oil Price May Hit $100 Per Barrel

The Nigerian government may pay over $4.5 billion to subsidise fuel for its citizenry, as oil price was projected to hit $100 per barrel. BizWatch Nigeria could recall that in order to ensure that petrol pump price was purchased at a lesser price, the President Muhammadu Buhari-led government, according to World Bank, spent $4.5 billion … Continue reading Fuel Subsidy To Gulp Over $4.5bn As Oil Price May Hit $100 Per Barrel